china's holding of u.s. debt, too, has increased by over 50% in the course of president obama's presidency, so they own -- they already own about 33% of our -- 21% of our treasury securities, or at least they own most of the foreign ownership. >> they're the largest foreign holder of u.s. debt. megyn: thank you. okay. so on top of that, then their ownership of our debt has increased more than 50% over the past four years. is this a good thing? we need somebody to be buying us up. [laughter] >> well, good or bad, we are desperate borrowers, desperately looking for those who will buy our debt. because this nation depends on debt. 46 cents out of every dollar we have to borrow now for just the federal government. megyn: first we go to ourselves, right? first we go to american citizens and say would you like to buy some of america, and then we'll pay you back when we can? so we're number one, but china number two in terms of owning u.s. debt? >> the largest foreign holder, 22% of treasuries, over a trillion doll